Key Highlights

  • Johnson Outdoors’ $0.33 Class A Dividend trades ex-dividend October 9, 2026, with payment on October 23 to holders of record.
  • Third-quarter net sales were $189.7 million, up 5%, with Net Income of $14.9 million, or $1.42 per diluted share.
  • Gross Margin was 45.3% compared with 37.6%, and the company received approximately $15 million of Tariff refunds in the quarter.
  • Cash and short-term investments were $175.2 million, and the company had no Debt outstanding at July 3, 2026.

Johnson Outdoors Inc. (NASDAQ:JOUT) declared a quarterly Class A dividend of $0.33 per share, a Yield of 3.00%, payable October 23 to shareholders of record on October 9, 2026. The $0.33 amount equals 23.2% of third-quarter diluted EPS of $1.42. Third-quarter net sales were $189.7 million.

Dividend Program and Shareholder Returns

The board announced the dividend on September 25, 2026, at $0.33 per Class A share and $0.30 per Class B share, payable October 23 to holders of record on October 9. The shares trade ex-dividend on October 9.

Dividends declared in the third quarter were $0.33 per Class A share and $0.30 per Class B share, and $0.99 and $0.90 for the first nine months. The $0.33 Class A quarterly amount equals $1.32 on an annualized basis, a computed figure. Cash dividends paid were $10,232 thousand for the nine months, and the shareholders’ Equity statement shows $3,428 thousand of dividends declared for the quarter. Each dividend remains subject to board approval.

About the Company

Johnson Outdoors Inc. is an outdoor recreation company reporting Fishing, Diving, and Camping and Watercraft Recreation sales. Asad Rahman became chief financial officer on June 30, and David Johnson remains through the October 2 fiscal year-end. Inventories were $188,263 thousand at July 3, 2026, compared with $163,732 thousand a year earlier.

Third-Quarter Sales, Margin and Earnings

For the quarter ended July 3, 2026, net sales were $189.7 million, compared with $180.7 million. Gross Profit was $85.9 million, compared with $67.9 million, and gross margin was 45.3%, compared with 37.6%. Operating expenses were $67,592 thousand, compared with $60,597 thousand. The gross margin rose 770 basis points, computed from 45.3% and 37.6%. Total liabilities were $217.7 million.

Operating profit was $18.3 million, compared with $7.3 million. Net income was $14.9 million, compared with $7.7 million, and diluted EPS was $1.42, compared with $0.75. The release states that tariff refunds of approximately $15 million contributed to the improvement.

Segment Sales and Nine-Month Results

Fishing sales were $149,985 thousand, up about 7% from $140,679 thousand. Diving sales were $23,313 thousand, up about 10% from $21,201 thousand. Camping and Watercraft Recreation sales were $16,432 thousand, down about 13% from $18,908 thousand.

For nine months, net sales were $525.1 million, up 15.0% from $456.7 million, and operating profit was $25.8 million, compared with a loss of $(8.0) million. Net income was $21.1 million, or $2.00 per diluted share, compared with a net loss of $(5.2) million, or $(0.52).

Tariff Refunds and Cash Relationships

The $15 million tariff refund equals 81.8% of third-quarter operating profit of $18.3 million, a computed ratio. Gross profit rose $18.0 million and operating expenses rose $7.0 million, both computed.

Cash and short-term investments rose $14.2 million from $161.0 million. Nine-month dividends paid of $10,232 thousand equal 48.6% of nine-month net income of $21.1 million, computed. Inventories rose 15.0%, also computed. The release gives no formal guidance, and the CFO stated that the company remains cautious about the cost outlook as tariff policies evolve.

Outlook

Johnson Outdoors’ $0.33 Class A quarterly dividend is payable October 23 to shareholders of record on October 9, 2026. The treatment of the $15 million tariff refund, the 45.3% gross margin, the 13% decline in Camping and Watercraft Recreation sales, and the 15.0% rise in inventories are the relevant considerations.